At the headquarter of Ministry of Finance, on August 14th 2014, Minister of Finance Dinh Tien Dung had a meeting with Mr. Sanjay Kalra - Resident Representative of the International Monetary Fund (IMF) in Vietnam.
Overview of the meeting. Photo: DTH
At the meeting, Minister Dinh Tien Dung highly appreciated the role of the IMF in conducting periodic reviews of the macroeconomic situation and the reform of Vietnam, particularly in the assessment of fiscal policy and financial system stability. He hopes that IMF will continue to support Viet Nam in the fields of tax, customs, budget management…
Minister affirmed that Vietnam Ministry of Finance (MoF) appreciates the advice of the IMFpolicy. MoF suggested that the IMF should strengthen co-ordination and refer to the opinions of the MoF and other relevant ministries and sectors, in order to make the report of the delegation of IMF advice relating to the assessment and recommendations Vietnam economic policy sufficient. Thereby, supporting Vietnam to get comprehensive information about the financial and economic sector in general to set out effective solutions and policies in process of economic development, contributing to help Vietnam in-depthly integrating into the world economy.
Mr. Sanjay Kalra appreciates economic development of Vietnam in the recent years. He said, the process of equitization of state-owned enterprises, restructuring the system of commercial banks and the stock market have a significant impact on the overall picture of the macro-economy, contributing to the state budget.
In addition, Mr. Sanjay Kalra expressed his impression on Vietnam government and MoF’ efforts in reforming administrative precedures in the fields of tax, customs and insurance. In the future, IMF will continue to strengthen collaboration with the MoF and the State Bank of Vietnam (SBV) to make reports that most truly reflects the macro economy in general and the aggressive reform in the economic and financial sector in Vietnam. Thus, international investors will have the most objective view and choose the most effective investment method in Vietnam.
In the end of the meeting, Minister Dinh Tien Dung thanked Mr. Sanjay Kalra and IMF for their contributions to Vietnam in the recent years. Minister affirmed that Viet Nam appreciated the personal experiences of Mr. Sanjay and IMF in issues relating to banking-financial sectors and hopefully get valuable opinions in the process of execution of Vietnam’s fiscal and monetary policies.
KD
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